This post will tell the story of the shows departure and the networks refocus on its core product: financial and market news. Being one of CNBCs correspondents, there is no doubt, therefore, he earns a decent salary. bolstered the ratings for many other traditional newscasts, called Foxs legal analyst, Andrew Napolitano. The Newsincreased CNBCs 7pm viewership average and attracted the most affluent audience of any primetime cable news program. Smiths program is part of a broader overhaul of CNBCs lineup, which carries live business-focused programming during the day, and an odd assortment of shows that include Jay Lenos Garage and reruns of Shark Tank and Undercover Boss.. The best offer came from CNBC's chairman, Mark Hoffman, who proposed building a news show around Smith at 7 p.m., the time period Smith had once occupied at Fox. "The News With Shepard Smith" is CNBC's nightly newscast providing deep, non-partisan coverage and perspective on the day's most important stories. Though the show may be gone, the legacy of the anchor remains. How a clock inspired the new home of The News with Shepard Smith. 2023 CNBC LLC. Our weekly newsletter delivers the latest broadcast industry news to your inbox including new debuts, case studies, thought leadership and broadcast gear updates. The former Shepard Smith Reporting anchor and current CNBC host got candid about his . CNBC has canceled Shepard Smith's show after two years. Stories that brim with optimism. Smith, who spent 23 years at Fox, left the network last October, telling news outlets that he asked the network to let him out of his contract so he could start a new chapter. Fox News shares a common owner with News Corp., the publisher of The Post. Prior to Shepard Smith Reporting, Smith anchored The FOX Report and Studio B. He raised $30,000 for him. I really really really miss Shep! In a wide-ranging conversation last week, Smith, a courtly Mississippi native, expressed his gratitude to Fox: They gave me an opportunity, and they never got in my way in telling the truth. He disputes the perception widely reported at the time that he fled Fox because of infighting with its opinionated hosts. Tequila fanatic? Before joining Fox News Channel, Smith was a FOX News Edge correspondent based in Los Angeles, providing deep reporting on national headlines including the crash of TWA Flight 800, the Montana Freeman standoff, and the Oklahoma City bombing for FOX affiliate stations across the country. At Fox News, Smith covered the death of Princess Diana in 1997. Decisions like these are not arrived at hastily or taken lightly. Customers grow their wealth in one of five portfolios constructed with help from world-renowned Nobel laureate economist Dr. Harry Markowitz. "Information is coming at us from every direction," CNBC chairman Mark Hoffman said. Shepard Smith is a 58-year-old American journalist. None of what youll find on the cable news programs its up against. If were not careful life-altering decisions will be made based on half-truth, rumor, misdirection or worse. The 56-year-old newscaster will host an hourlong weekday broadcast at 7 p.m. . Sign up for free newsletters and get more CNBC delivered to your inbox. Claim as much as 50% off - Best Buy Coupon. Smith always presented himself as an unbiased an. But the focus has shifted, and Smith's last show aired the latter part of the . He served as chief general news anchor and host of The News with Shepard Smith on CNBC, a daily evening newscast launched in late September 2020; [2] but his program was cancelled in November 2022. "Information is coming at us from every direction. 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I dont think [Smith] is set up for success, he said. Furthermore, he tied for second with Dan Rather and Peter Jennings as the most-trusted news anchor on both network and cable news. As a result of this strategic alignment to our core business, we will need to shift some of our priorities and resources and make some difficult decisions. I am excited to be working with the exceptional talent at CNBC and eager to build a team focused on uncovering the news behind the headlines.". Crazy about gin? The show, which is set for a March 8, 2023, debut, is taking over the timeslot formerly occupied by The News with Shepard Smith that was canceled in late 2022 after a two-year run. Over the coming weeks, we will work across the News Group to identify other potential opportunities for many of the affected employees. Shepard Smith has opened up about why he decided to leave Fox News in 2019 after 23 years at the network.. Get this delivered to your inbox, and more info about our products and services. This is Shep being Shep. Heres What to Buy. On July 8, 2020, CNBC announced Smith would join the network as a chief general news anchor and chief general breaking news anchor. Subscribe herefor our free daily newsletter. CNBC royally screwed up when they fired him. CNBC's Kelly Evans talks with Shepard Smith ahead of his show premiere this evening. On October 11, 2019, he made an announcement that he was leaving Fox News. CNBC axes Shepard Smith's nightly newscast after two years. Each evening, Shep's program will be the place where we'll deliver that same credible coverage of the key issues of the day," said Dan Colarusso, Senior Vice President, CNBC Business News. . When Shepard Smith landed at CNBC in September 2020, it was a somewhat shocking choice. Sign up for free newsletters and get more CNBC delivered to your inbox. The News even finishes behind CNBCs main rival, Fox Business Network, which airs a rerun of Trump-loyalist commentator Lou Dobbss program. If we're not careful life-altering decisions will be made based on half-truth, rumor, misdirection or worse," said Mark Hoffman, Chairman of CNBC. The veteran journalist, who . (Richard Drew/Associated Press) Article. CNBC to Launch Evening News Program Anchored by Smith. I believe this decision will ultimately help to strengthen our brand and the value we provide our audiences. This story has been shared 178,050 times. After spending time with many of you and closely reviewing the various aspects of our business, I believe we must prioritize and focus on our core strengths of business news and personal finance. Theres more room for honest newsgathering and careful presentation of the facts. However, on October 11, 2019, he surprised viewers and colleagues when he announced on his show that he was leaving the network. Its replacement will launch in early 2023, though a title and anchors for the show have yet to be announced. For example, Smith might fit as a substitute for Lester Holt on NBC Nightly News or Chuck Todd on Meet the Press.. As part of CNBCs overall strategy of focusing more on business news, the program will explore the connection between the markets, culture and policy. Subscribe for full access to The Hollywood Reporter. Alex is our main author for trending content on CNBCPosts.com. KC Sullivan took over as president of CNBC in September. At a time when misinformation and disinformation is rampant,The Newssucceeded in providing audiences with the clearest understanding of the facts.. More details about The News with Shepard Smith will be released in the coming months. A star presenter at Fox News exits the mother ship amid controversy, lured away by a rival network. Former Fox News anchor Shepard Smith is set to join CNBC as the host of a new nightly newscast. Smith attended Marshall Academy in Holly Springs. To learn more, visit https://www.cnbc.com/digital-products/. ENGLEWOOD CLIFFS, N.J., July 8, 2020 /PRNewswire/ -- Award-winning broadcast journalist Shepard Smith will join CNBC, it was announced today by CNBC Chairman Mark . Visit Acorns.com for more. The reporting comes both from CNBCs own correspondents and NBC Newss front-line team; Mondays program featured a weather report from the Today shows Al Roker and a story by NBCs veteran foreign correspondent Richard Engel about the assassination of Irans chief nuclear scientist. But like Kelly, Smiths recruitment by NBC-owned CNBC has so far produced a modest return on NBCs investment a roughly $10 million salary, a staff of 25 and a new set at CNBCs headquarters in Englewood Cliffs, N.J. Acorns financial wellness system now includes all-in-one investing, retirement, and checking accounts for all ages, Smart Deposit, personalized insurance options, and tools to earn more money. It looks like the network had the best of intentions, but the show failed to live up to the expectations. F ormer Fox News anchor-turned- CNBC host, Shepard Smith, is out effective immediately at the network. Smith, who grabs the role of chief general news anchor at CNBC, has stayed tight-lipped on his future plans until Wednesday when he said in a statement: I am honored to continue to pursue the truth, both for CNBCs loyal viewers and for those who have been following my reporting for decades in good times and in bad.. Smith was one of the first hires for the Fox News Channel . In the virtual news desert of after-market-hours-CNBC, Smith's talent was wasted. https://www.facebook.com/profile.php?id=100063189520416. The anchor first arrived in the fall of 2020 to bring a non-partisan, general news program to the early evening slot. I looked around and said, What is my future? And I decided I wanted something different, for a million different reasons., Smiths departure stunned his news-side colleagues, who considered him a truth-telling counterweight to Foxs Trump-or-die opinion hosts. Prior to Shepard Smith Reporting, Smith anchored The FOX Report and Studio B. "We aim to deliver a nightly program that, in some small way, looks for the signal in all the noise. What a blunder. For non-personal use or to order multiple copies, please contact We're thrilled that Shep, who's built a career on an honest fight to find and report the facts, will continue his pursuit of the truth at CNBC. This during a year when an explosion of news has bolstered the ratings for many other traditional newscasts. I did what I could do there. Shepard Smith is out at CNBC after network brass canceled his much-hyped nightly news program just two years after its launch. He was born on January 14, 1964, in Holly Springs, Mississippi, United States. We aim to deliver a nightly program that, in some small way, looks for the signal in all the noise.. "Much like our coverage of the Coronavirus pandemic, CNBC reporters and producers can go beyond the financial markets to tell rich, deeply-reported stories across the entire landscape of global news. 2023 CNBC LLC. https://www.wsj.com/articles/cnbc-names-successor-to-shepard-smiths-show-shakes-up-lineup-11674772587. The Newsincreased CNBCs 7 p.m. viewership average and attracted the most affluent audience of any primetime cable news program. Maybe this show, at this time, isnt a good fit. Contact me with news and offers from other Future brands Receive email from us on behalf . The Hollywood Reporter is a part of Penske Media Corporation. He left the latter channel in 2019, surprising the TV news industry and his colleagues. The News with Shepard Smith will debut this fall in the 7-8 p.m. time slot on weeknights on the cable news business channel. CNBC, a unit of Comcast Corp.s NBCUniversal, will replace the 7 p.m. show with Last Call, anchored by Brian Sullivan, according to a memo to staff on Thursday. Offers poured in. Furthermore, Smith covered several programs in his tenure at Fox News, including Fox Report, and Studio B. His bank card was declined. Smith stands at a height of 5 ft 10 in (Approx. The anchor first arrived in the fall of 2020 to bring a non-partisan, general news program to the early evening slot. The former Shepard Smith Reporting anchor and current CNBC host got candid about his . I dont know where were supposed to be in viewership, he said. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. This article was published more than2 years ago. Like many other TV anchors at business-news outlet CNBC, Shepard Smith finds himself facing a closing bell. Its free. Shepard Smith had been at Fox News since the beginning, but he departed from the network in October of 2019. CNBC will wind down Shepard Smiths nightly newscast as it refocuses its evening programming on business and financial news. Smith spent months contemplating his next step, which was circumscribed by a one-year noncompete requirement. We've received your submission. CNBC confirmed Friday that the "last newscast was Wednesday, November 2," in an update. Shepard Smith, above in a Fox News studio in 2017, before he left the network and joined CNBC. It may be that Smith is doing the right show, suiting his skills as a journalist and communicator, but on the wrong network and at the wrong time. canceled Mr. Smiths 7 p.m. general-interest show, Michael Kors promo code First Order: sign up for KORSVIP + Get 10% off, 10% Off TJ Maxx Coupon - Rewards Credit Card, Deal of the Day! . "CNBC Chairman Mark Hoffman, a journalist himself at his core, presented me with CNBC's vision for a fact-based, hour-long evening news program with the mission to cut through the static to deliver facts, in context and with perspective. Information is coming at us from every direction, CNBC chairman Mark Hoffman said. Smith began his broadcast career at local stations across the state of Florida, where he served as a reporter for WSVN-TV (FOX) in Miami, the former WCPX-TV (CBS) in Orlando, WBBH-TV (NBC) in Fort Myers and WJHG-TV (NBC) in Panama City. This occurred in an interview published Monday by The Huffington Post. And awesome. CNBC, Last Call, news promos, promos, studio b, TV Promos, Video Walls, Broadcast Industry News, Cable News, Featured, News Promos and Sports Promos. He thought about getting out of TV news altogether but found as offers rolled in that he still had the itch. Shepard Smith was a big catch for CNBC. As the industrywide decline of traditional television lingers and the emerging business of streaming flourishes, the network shifts the focus back to its core product. When a guest on Carlsons show, Trump attorney Joseph DiGenova, called Foxs legal analyst, Andrew Napolitano, a fool for suggesting Trumps impeachment was justified, Smith responded by calling DiGenovas attack on Napolitano repugnant. Carlson followed up by mocking Smith and suggesting Smith had somehow been dishonest in criticizing DiGenova. A Culinary Tour of France, With Dominique Crenn as Your Host. He was married to Virginia Donald in 1987, who was a University of Mississippi classmate. CNBC announced that Shepard Smith was joining the network on July 8, which with the show debuting in the fall, called for an extremely fast-paced construction, especially considering the average build time for a set, according to Fastook, is 35 weeks. from 8 AM - 9 PM ET. What was so surprising was the fact that for 23 of those years, Shepard was with Fox News. Shepard Smith April 7, 2021. However, Smith and Virginia divorced in 1993 having no children. We want to hear from you. I am honored to continue to pursue the truth, both for CNBC's loyal viewers and for those who have been following my reporting for decades in good times and in bad," said Shepard Smith. The News With Shepard Smith is CNBC's nightly newscast providing deep, non-partisan coverage and perspective on the day's most important stories. In May,The New York Times reported that NBCUniversal chief executive Jeff Shell had indicated in private conversations that he was considering turning CNBCs primetime hours over to right-wing talk shows. CNBC announced the 56-year-old is joining the network to serve as the anchor for a new one-hour evening news program. Early in his career at Fox News Channel, Smith held the position of New York-based general assignment reporter and was then promoted to senior correspondent. All Rights Reserved. Brian Sullivan, who will anchor the new show, is prominently featured in the promo, which features interview-style shots of him in Studio B, which is home to a set that was built specifically for Smiths show. Smith will also assume the new roles of CNBC's Chief General News Anchor and Chief Breaking General News Anchor as well as Executive Editor of The News with Shepard Smith. The decision to cancel the show came from the networks new chairman, Mr. Sullivan, who plans to replace the 7 PM slot with a program more focused on the financial and market news. CNBC Host Shepard Smith Isn't Married, but He Does Have a Longtime Partner . None of our senior leadership team has ever sat down and talked about [it]. The News With Shepard Smith will air its last episode later in November. In 2003, Smith was ranked third among the top five U.S. cable news programs. Distribution and use of this material are governed by The scenario describes Megyn Kellys departure from Fox in 2017 and her subsequent flameout at NBC. But the viewers havent followed him from Fox. Is Matt Ryan Retiring From the NFL to Pursue a Career in Broadcasting? . Skip to main content Due to a planned power outage on Friday, 1/14, between 8am-1pm PST, some services may be impacted. Its replacement will launch in early 2023, though a title and anchors for the show have yet to be announced. And awesome. But his leave-taking was celebrated among the Trump faithful, who saw his frequent fact checks of the president as a betrayal. Smith will anchor a new one-hour evening news program titled The News with Shepard Smith, airing Monday through Friday at 7pm ET. CNBC also offers content through its vast portfolio of digital products such as: CNBC.com, which provides real-time financial market news and information to CNBC's investor audience; CNBC Make It, a digital destination focused on making you smarter about how you earn, save and spend your money; CNBC PRO, a premium service that provides in-depth access to Wall Street; a suite of CNBC mobile apps for iOS and Android devices; Amazon Alexa, Google Assistant and Apple Siri voice interfaces; and streaming services including Apple TV, Roku, Amazon Fire TV, Android TV and Samsung Smart TVs. Moreover, his father is a cotton merchant whereas his mother isan English teacher. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This year, with Lacks retirement, CNBC has come back into the NBC News fold, joining sibling networks NBC, MSNBC, Telemundo and Sky News under a new executive, Cesar Conde. The News with Shepard Smith will debut this fall in the 7-8 p.m. time slot on weeknights on the cable news business channel. Anyhoo, its done. Smith is 58 years old. Maybe follow his Facebook fan page to see if they post more updates about his next venture. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. How breaking news got panelized: On cable, journalists and pundits increasingly share space. So if it isnt attracting a crowd right now, when would it? He is a man of average stature. As the industry transitions into the world of streaming, the network has decided to refocus back on the core product of the business, financial, and market news. Mr. Sullivan previously anchored Worldwide Exchange at 5 a.m. Continue reading your article witha WSJ subscription, Already a member? Members of the media can receive more information about CNBC and its programming on the NBCUniversal Media Village Web site at http://www.nbcumv.com/programming/cnbc. Thank you for your continued dedication and professionalism as we work through these changes. If youre looking for levity, look no further. Sign up for NewscastStudio's weekly newsletter. At least one valid email address is required. ", "Gathering and reporting the news has been my life's work. Jane Skinner and Shepard Smith in 2006. The temptation to connect dots where there is no connection is great., Instead, he said, it was time to leave Fox. I know I found a great home for my newscast. Smith joins CNBC after 23 years at Fox News Channel. NBCUniversal's CNBC announced Thursday that it has canceled "The News with Shepard Smith" in a move to refocus priorities on business and market coverage.Why it matters: The show had served as CNBC's general news program for the past two years, aiming to deliver straight, nonpartisan news and bolster primetime TV ratings. The end of "The News with Shepard Smith," which will air its final episode later this month, comes a little more than two years after CNBC launched the show with high hopes that a straight . Shepard Smith at Fox News Channel Studios on in New York City. Before joining Fox News Channel, Smith was a FOX News Edge correspondent based in Los Angeles, providing deep reporting on national headlines including the crash of TWA Flight 800, the Montana Freeman standoff, and the Oklahoma City bombing for FOX affiliate stations across the country. In that sense, the name was likely meant more as a reference to the last call at a bar given the late-night timeslot. If we're not careful life-altering decisions will be made based on half-truth, rumor, misdirection or worse," said Mark Hoffman, Chairman of CNBC. CNBC confirmed the end of "The News with Shepard Smith" in. Get this delivered to your inbox, and more info about our products and services. and then eventually people will come to that or they wont.. In its place, we will be investing in a new Business News program that will launch in the beginning of 2023. It's free. Sign up for THR news straight to your inbox every day. Topics: afghanistan, taliban, cnbc, white house, kentucky, texas, new york, fda, blinken, fbi, nfl, shepard. Its easy-to-use, mobile-first technology makes it simple for anyone to set aside and invest life's spare money. But what happened to the show? On May 10, 2008, Smith delivered the universitys 155th commencement address. Smith will anchor a new one-hour evening news program titled The News with Shepard Smith, airing Monday through Friday at 7pm ET. . Smiths estimated net worth is $867,786. ", Hoffman added: "Shep's newscast will tap into his extensive experience and deep passion for breaking news, in-depth storytelling and incisive interviews and serve as the perfect bridge between CNBC's daytime investor-focused news programming and the network's aspirational business-oriented entertainment programs in primetime. We want to hear from you. Shepard Smith's full interview with White House Press Secretary Jen Psaki. Sign up for InsideHook to get our best content delivered to your inbox every weekday. Shepard Smith has opened up about why he decided to leave Fox News in 2019 after 23 years at the network.. Thanks for reading InsideHook. More details about The News with Shepard Smith will be released in the coming months. So the question remains: What happened to The News with Shepard Smith? please contact Dow Jones Reprints at 1-800 . Jane Smith joins CNBC after 23 years at Fox News Channel. Nor is he straying from his lane, as Kelly did. On Nov. 3, 2022, CNBC announced that it would be canceling The News with Shepard Smith.Apparently, the network is looking to replace Shepard's show with a "new live show focusing on business . . CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries. In 2003, Smith was ranked third among the top five U.S. cable news programs. It appears CNBC has mostly used the LED video panels and lighting cues to update the Studio B set, as opposed to making any major structural changes. Subscribe to NewscastStudio for the latest delivered straight to your inbox. Smith. CNBC Cancels Shepard Smith's Show Amid Business-News Push. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. CNBC announced the 56-year-old is joining the network to serve as the anchor for a new one-hour evening news program. Many other CNBC shows use Gotham for their logotypes, though the flatter look that appears in both the promo on on-set video walls appears to be a bit of a different look than the glassier look the network uses during most of the day.